To maximize the value of the June 2017 ACCN2 mark scheme, follow this structured revision approach:
Take your completed paper and your copy of the "Ib G Jun17 Accn2 Mark Scheme" . Go through each question carefully, using the examiner's guidance to award marks. Ib G Jun17 Accn2 Mark Scheme
When dealing with damaged inventory, the mark scheme looked for the comparison between Cost and NRV, taking the lower figure. To maximize the value of the June 2017
: Calculations for gross profit mark-up, margin, and profit-in-relation-to-revenue ratios. Provision for Doubtful Debts : Calculations for gross profit mark-up, margin, and
Always read the that accompanies the Jun17 Accn2 mark scheme. This report lists the actual mistakes students made in that exam.
While the exact numbers vary across the paper's tasks, the mark scheme prioritises specific accounting treatments that recur year after year. Task 1: Financial Statements Adjustments
The mark scheme enforces strict rules regarding marks. If you make an arithmetic error early in a question, you can still gain full subsequent marks if your methodology remains correct based on your initial wrong figure. 2. Core Topics Tested and Mark Scheme Insights